The bazaar & its lights

| Updated on October 26, 2019

The depressed demand in the Indian economy has had little impact on the wholesale markets of Delhi this Deepavali

Delhi’s bazaars attract shoppers from other cities around Deepavali. People stock up on dry fruits, sweets, electrical lights and other items before the festival. The current state of the economy has not dampened the spirit of the wholesale markets. Crowds gather there, to buy gifts in bulk and at cheaper rates, weeks before the festival, even as businesses elsewhere rue the lack of customers. The option of online shopping, however, has driven away many regular buyers from the shops, say some retail shopkeepers at Bhagirath Palace, a market for electrical goods near Chandni Chowk in Old Delhi. A few shopkeepers at the dry fruit market at Khari Baoli also say sales are lower compared to those of previous years. On the other hand, Rohit, who is a second-generation trader in dry fruit items in Khari Baoli, a market also known fot its spices, says that his shop is packed with wholesale buyers. They have been buying in bulk before the festival, which falls on October 27 this year.

- Kamal Narang

Published on October 25, 2019

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